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EUR/USD Price Analysis: Next on the upside comes 1.0756

- EUR/USD keeps the trade below the 1.0700 hurdle so far on Friday.

- Bullish attempts are expected to meet the next hurdle near 1.0750.

EUR/USD prints humble gains in the 1.0670/80 band at the end of the week.

In case the upward bias picks up extra pace, there is an initial barrier at the round level of 1.0700 ahead of the monthly top of 1.0756 (November 6).

In the meantime, while below the 200-day SMA at 1.0801, the pair’s outlook should remain negative.

EUR/USD daily chart

EUR/USD

Overview
Today last price1.0684
Today Daily Change36
Today Daily Change %0.19
Today daily open1.0664
 
Trends
Daily SMA201.0611
Daily SMA501.0624
Daily SMA1001.0797
Daily SMA2001.0803
 
Levels
Previous Daily High1.0725
Previous Daily Low1.066
Previous Weekly High1.0747
Previous Weekly Low1.0517
Previous Monthly High1.0695
Previous Monthly Low1.0448
Daily Fibonacci 38.2%1.0685
Daily Fibonacci 61.8%1.0701
Daily Pivot Point S11.0641
Daily Pivot Point S21.0618
Daily Pivot Point S31.0576
Daily Pivot Point R11.0706
Daily Pivot Point R21.0748
Daily Pivot Point R31.0771

Author

Pablo Piovano

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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